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Cree Launches Highest-Performance Warm & Neutral White Lighting-Class LEDs

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Product Description:
DURHAM, N.C., March 3, 2011 — Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces the commercial availability of XLamp® XM-L LEDs in neutral- and warm-white color temperatures (2600-K to 5000-K CCT). Cree once again leads the industry by extending the XM-L LED family’s unprecedented light output and efficacy to a wide range of mainstream indoor and outdoor lighting applications.

The XM-L LEDs deliver unmatched performance across a wide range of drive currents. Warm-white (3000-K) XLamp XM-L LEDs provide up to 113 lumens and 117 lumens per watt and neutral-white (4000-K) XM-L LEDs provide up to 134 lumens and 138 lumens per watt, both at 350 mA. At 700 mA, warm-white (3000-K) XLamp XM-L LEDs provide up to 220 lumens and 108 lumens per watt and neutral-white (4000-K) XM-L LEDs provide up to 260 lumens and 128 lumens per watt. Driven at 3.0 A, XM-L neutral-white LEDs produce 850 lumens at 84 lumens per watt.

Unlike competing LED solutions that use large-footprint packages and diffuse optical sources to deliver hundreds of lumens, XM-L LEDs provide breakthrough performance in a compact footprint and small optical source size. This high lumen-density can simplify designs and reduce costs for lighting manufacturers building products for directional-lighting applications, such as high bay, parking, roadway, track, spot and LED replacement lamps. XLamp XM-L LEDs enable manufacturers to easily control the light output and place light exactly where it is required, minimizing wasted light and light trespass.

“Cree is the only LED manufacturer currently delivering production volumes of warm- and neutral-white LEDs at these performance levels,” said Paul Thieken, Cree, director of marketing, LED Components. “Cree innovation translates into ready-to-ship components that can enable our customers to develop highly efficient LED fixtures from streetlights to downlights and from desk lamps to A-lamps.”

XLamp XM-L neutral- and warm-white LEDs are available now in sample and production quantities. To locate a distributor, please visit www.cree.com/buyxlamp.

About Cree
Cree is leading the LED lighting revolution and making energy-wasting traditional lighting technologies obsolete through the use of energy-efficient, environmentally friendly LED lighting. Cree is a market-leading innovator of lighting-class LEDs, LED lighting, and semiconductor solutions for wireless and power applications.

Cree’s product families include LED fixtures and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and radio-frequency/wireless devices. Cree solutions are driving improvements in applications such as general illumination, backlighting, electronic signs and signals, variable-speed motors, and wireless communications.

For additional product and company information, please refer to www.cree.com. To learn more about the LED Lighting Revolution, please visit www.creeledrevolution.com.

This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including the risk that we may be unable to manufacture these products with sufficiently low cost to offer them at competitive prices or with acceptable margins; the risk we may encounter delays or other difficulties in ramping up production of our new products; customer acceptance of the new products; the rapid development of new technology and competing products that may impair demand or render Cree’s products obsolete; and other factors discussed in Cree’s filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended June 27, 2010, and subsequent filings.

Media Contact:
Michelle Murray
Cree, Inc.
(919) 407-5505
michelle_murray@cree.com



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